darthbollo

AMD going to drop down? HUGE RAISING WEDGE

Short
NASDAQ:AMD   Advanced Micro Devices Inc
I'm thinking this is going to burst down because of the huge raising wedge forming, the stock seems to bounce up and down a lot meaning that it's losing a lot of momentum. instead of breaking resistance levels lately it seems just retest them many times.

I'm thinking it will go down a dollar or 2 on open then quickly be bought back up, what are you guys thinking.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.